ETHICAL COMPLIANCE REPORT

ICICI PRU LIFE INS CO

ICICI PRU LIFE INS CO Logo

Sector:

Financial Services

Industry:

Insurance - Life

Overall Compliance

non-compliant

non-compliant

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

3.3%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:29201398000.0029214294000.00×100=3.30%\textbf{Revenue Ratio:} \\[12pt] \dfrac{29201398000.00}{29214294000.00} \times 100 = 3.30\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Income
compliant
compliant		₹1.29
Total Revenue From Operations
non-compliant
non-compliant		₹2,920.14

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

0.4%

CALCULATION

Debt Ratio:12000000000.002990006500000.00×100=0.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{12000000000.00}{2990006500000.00} \times 100 = 0.40\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

0.3%

CALCULATION

Liquidity Ratio:8377400000.002990006500000.00×100=0.30%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{8377400000.00}{2990006500000.00} \times 100 = 0.30\%

FORMULA

Liquidity Ratio:Total Liquid AssetsTotal Assets×100  ≤  90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%